November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the…
November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the…
November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social…
November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index…
November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000.…
November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by…
November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and…
November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November…
November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November…
November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs…
November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new…
November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November…
November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu.…
November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric…
November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments.…
November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4823', 'article_category_id' => '1', 'title' => 'Oppo Slashes Price of A37', 'sub_title' => '', 'summary' => 'November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4819', 'article_category_id' => '1', 'title' => 'SCB Organises Nepal Walkathon 2016', 'sub_title' => '', 'summary' => 'November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly', 'content' => '<p style="text-align: justify;">November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly 400 people, started from the bank’s head office at Naya Baneshwor and ended at the branch office in Lazimpat.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that the walkathon is its initiative to raise funds in partnership with its stakeholders to increase awareness amongst the public on the subject of avoidable blindness and an effort to reduce stigma and encourage the visually challenged people. The funds raised from the event will go towards the Bank’s ‘Seeing is Believing’ initiative through which eye and eye care services are being continued.</p> <p style="text-align: justify;">According to the statement, under the bank’s Seeing is Believing program, financial support of USD 1 Million was received by Biratnagar Eye Hosptial for project expansion. Similarly, the bank extended additional financial support of USD 1 million to Tilganga Institute of Ophthalmology for funding their major expansion project covering Bhaktapur and Nuwakot districts under the same program. </p> <p style="text-align: justify;">Tara Management was the main Sponsor whereas National Insurance and Viswakarma Cement were the Sponsors of Walkathon 2016 event.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4649', 'image' => '20161128102337_standard.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4818', 'article_category_id' => '1', 'title' => 'Colors Mobile Launches P85 Plus and P85', 'sub_title' => '', 'summary' => 'November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.', 'content' => '<p>November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.</p> <p>Colors P85 plus comes with 13 megapixels main camera, selfie flash, 5 plastic lens, face beauty mode, and instant focus which will enable to capture beautiful photo in less light, informs the company.</p> <p>Similarly, P85 comes with figure print censor for the first time which will lock the screen in three seconds securing the smart phone. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4648', 'image' => '20161127045024_jatra.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4817', 'article_category_id' => '1', 'title' => 'Leago Launches 11 Smartphone Models in Nepali Market', 'sub_title' => '', 'summary' => 'November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.', 'content' => '<p style="text-align: justify;">November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.</p> <p style="text-align: justify;">In the program, Bansal informed of launching 11 phone models including Z1,Z5,Z5 Lite (4G), Shark 1 Lite, M5, M8, M5 Plus, T1, T2 Plus, T10 and Z3 from four different series. Moreover, he informed of launching the Leago phones costing up to Rs 50,000. "The phones that are manufactured viewing the escalating development of new generation and technology will be available outside valley by November 27," Bansal added. Bansal claimed that the Leago smart phones are easy, durable, reliable and economical as well. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4647', 'image' => '20161127042548_leago.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4816', 'article_category_id' => '1', 'title' => 'Sipradi's Workshop at Bagdol', 'sub_title' => '', 'summary' => 'November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.', 'content' => '<p style="text-align: justify;">November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.</p> <p style="text-align: justify;">On the same occasion, the company organised plantation program considering the environmental importance. Rajan Babu Shrestha, CEO of Sipradi Trading, Ganesh Shetty, International Business Head Of Tata Motors Customer Service and Ansuman Samatha, SAARC- Regional Manager of Tata Motors Customer Service were presented during the inauguration and plantation program. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4646', 'image' => '20161127040003_tata.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4815', 'article_category_id' => '1', 'title' => 'NRB Approves Dividend of Om Devt Bank', 'sub_title' => '', 'summary' => 'November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1', 'content' => '<p style="text-align: justify;">November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1.36 billion after distribution of bonus share.</p> <p style="text-align: justify;">Meanwhile, the bank is preparing to merge with Manaslu Bikash Bank for which it has asked for approval from NRB. "After the merger, the paid-up capital of the bank will reach Rs 1.67 billion. Furthermore, the bank will increase its paid-up capital within the current FY through the issuance of right shares and bonus share," said Vishwo Mohan Adhikari, CEO of the bank. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4645', 'image' => '20161127122501_om.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4814', 'article_category_id' => '1', 'title' => 'Soaltee Celebrates Golden Jubilee', 'sub_title' => '', 'summary' => 'November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new v', 'content' => '<p>November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new ventures of Soaltee Hotel outside Kathmandu. "We are building new hotels in Nepalgunj followed by Pokhara soon," said Rana. Chief Guests for the programme Amar Man Shakya, President of Hotel Association of Nepal (HAN), Suman Pandey, President of Pacific Asia Travel Association (PATA), Chandra Prashad Rijal, President of Trekking Agency Association of Nepal (TAAN), DK Sharma, Vice-President of Nepal Association of Tours and Travel Agents (NATTA), President of NATTA unveiled the memento for the 50th Anniversary during the celebration event. Shantha De Silva, Head of South West Asia at Intercontinental Hotel Group shared an insightful presentation on trends in 2016 based on IHG study and reports. The celebration observed guests participating from government authorities, foreign diplomatic missions in Nepal, corporate customers, travel partners, members from tourism related associations. Similarly, representatives from Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Nepal India Chamber of Commerce and Industry (NICCI), Confederation of Nepalese Industries (CNI), Nepal China Chamber of Commerce and Industry (NCCCI) were also present in the event.</p> <p> </p> <p>Late Prince Himalaya Shah Dev and Late Princess Rajya Laxmi Devi Shah started Soaltee Hotel in 1965 as the first five star hotel in the country. The hotel was inaugurated by Late KIng Mahendra Shah on 25 November, 1966.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4644', 'image' => '20161127115805_soaltee.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4813', 'article_category_id' => '1', 'title' => 'Kamana and Sewa Bikash Bank to Merge', 'sub_title' => '', 'summary' => 'November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.', 'content' => '<p style="text-align: justify;">November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.</p> <p style="text-align: justify;">The institutions inform of starting integrated transaction within the coming mid-March. After the merger, the merged entity will be renamed as Kamana Sewa Bikash Bank. Kamana is a national level development bank whereas Sewa has working area of 10 districts. "The paid-up capital of merged entity will reach Rs 1.08 billion after the merger," said Toyaraj Adhikari, Chief Executive Officer (CEO) of Kamana Bikash Bank. Similarly, deposit collection and investment will reach Rs 11.55 billion and Rs 10.84 billion respectively.</p> <p style="text-align: justify;">Earlier, Kamana had issued 30 per cent and Sewa had issued 120 per cent right shares. "After the issuance of right shares, the paid-up capital of the bank will reach Rs 2.06 billion," said Mahesh Prasad Kafle, CEO of Sewa. As per the NRB directive, a development bank must have minimum of Rs 2.5 billion paid-up capital by the end of next FY. "We will be successful to achieve the minimum paid-up capital through the right share issuance and profit of the current FY," Kafle added.</p> <p style="text-align: justify;">Following the merger, the merged entity will have Rajendra Nidhi Koirala of Kamana as Chairman, Mahesh Prasad kafle of Sewa as CEO and Yoyaraj Adhikari of Kamana as Deputy CEO. The bank will have central office at Kathmandu. Similarly, the bank will have 40 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4643', 'image' => '20161127113635_ks.JPG', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4812', 'article_category_id' => '1', 'title' => 'Kriti Capital Inaugurated New Corporate Office ', 'sub_title' => '', 'summary' => 'November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. ', 'content' => '<p style="text-align: justify;">November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. </p> <p style="text-align: justify;"><br /> According to the statement, Dr Karki highlighted the need of merchant bankers to enhance the service provided to the clients during the ceremony. "This entails expanding the capacity of the merchant bankers in terms of strengthening internal human resources/technical resources and reaches the clients with better service," he said. </p> <p style="text-align: justify;"><br /> Deepesh Vaidya, Managing Director of Kriti Capital, highlighted the services provided by the company and its achievements over the last 5 years. In the program, Vaidya requested SEBON to provide required regulatory support to ease current operational challenges and provide scope for service expansion thereby allowing merchant bankers perform to their fullest potentials. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4642', 'image' => '20161125052133_Kriti Inauguration Pic1.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4811', 'article_category_id' => '1', 'title' => 'Sipradi Global Service Camp concludes', 'sub_title' => '', 'summary' => 'November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.', 'content' => '<p style="text-align: justify;">November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.</p> <p style="text-align: justify;">The company also organised a health camp along with the service camp where 715 individuals got free eye check-up and 1,108 got health check-up. Moreover, the company informed of providing secure driving training to 542 individuals and HIV AIDS awareness training to 245 individuals under the camp.</p> <p style="text-align: justify;">On the occasion, Engineer Sandeep Gurung, winner of 'SAARC Level Skill Fest Championship 2016' organised by Tata Motors was honoured with a cheque of Rs 50,000, a trophy and a certificate. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4641', 'image' => '20161125014243_sipradi.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4810', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Launches MO- Bank', 'sub_title' => '', 'summary' => 'November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. ', 'content' => '<p style="text-align: justify;">November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. </p> <p style="text-align: justify;"><br /> According to the statement, the MO Bank is an upgraded smarter version mobile application which works with WiFi/GPRS or in case of non-availability of both, works with SMS as well. It enables customers to integrate maps to locate nearest NIC ASIA Branches and ATM terminals. The app also allows the customers for interbank payment through Fonepay network (within Fonepay member Bank). The customers can also perform regular features including funds transfer, utility payments, cheque book request, mini statements and credit card bill payments. </p> <p style="text-align: justify;"><br /> "There are separate security feature for each type of access during any transaction and is facilitated through dual authentication," reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4640', 'image' => '20161125012405_nic.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4808', 'article_category_id' => '1', 'title' => 'Lava's Exclusive Showroom at Newroad', 'sub_title' => '', 'summary' => 'November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly ina', 'content' => '<p style="text-align: justify;">November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly inaugurated the showroom amid a program on Thursday, November 24.</p> <p style="text-align: justify;">According to the company, Lava mobile is sold at various countries of South East Asia, South Asia, Middle East and South America. The company has launched 10 models of Lava mobiles having best features in affordable prices. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4638', 'image' => '20161125115628_lava.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4823', 'article_category_id' => '1', 'title' => 'Oppo Slashes Price of A37', 'sub_title' => '', 'summary' => 'November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4819', 'article_category_id' => '1', 'title' => 'SCB Organises Nepal Walkathon 2016', 'sub_title' => '', 'summary' => 'November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly', 'content' => '<p style="text-align: justify;">November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly 400 people, started from the bank’s head office at Naya Baneshwor and ended at the branch office in Lazimpat.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that the walkathon is its initiative to raise funds in partnership with its stakeholders to increase awareness amongst the public on the subject of avoidable blindness and an effort to reduce stigma and encourage the visually challenged people. The funds raised from the event will go towards the Bank’s ‘Seeing is Believing’ initiative through which eye and eye care services are being continued.</p> <p style="text-align: justify;">According to the statement, under the bank’s Seeing is Believing program, financial support of USD 1 Million was received by Biratnagar Eye Hosptial for project expansion. Similarly, the bank extended additional financial support of USD 1 million to Tilganga Institute of Ophthalmology for funding their major expansion project covering Bhaktapur and Nuwakot districts under the same program. </p> <p style="text-align: justify;">Tara Management was the main Sponsor whereas National Insurance and Viswakarma Cement were the Sponsors of Walkathon 2016 event.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4649', 'image' => '20161128102337_standard.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4818', 'article_category_id' => '1', 'title' => 'Colors Mobile Launches P85 Plus and P85', 'sub_title' => '', 'summary' => 'November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.', 'content' => '<p>November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.</p> <p>Colors P85 plus comes with 13 megapixels main camera, selfie flash, 5 plastic lens, face beauty mode, and instant focus which will enable to capture beautiful photo in less light, informs the company.</p> <p>Similarly, P85 comes with figure print censor for the first time which will lock the screen in three seconds securing the smart phone. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4648', 'image' => '20161127045024_jatra.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4817', 'article_category_id' => '1', 'title' => 'Leago Launches 11 Smartphone Models in Nepali Market', 'sub_title' => '', 'summary' => 'November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.', 'content' => '<p style="text-align: justify;">November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.</p> <p style="text-align: justify;">In the program, Bansal informed of launching 11 phone models including Z1,Z5,Z5 Lite (4G), Shark 1 Lite, M5, M8, M5 Plus, T1, T2 Plus, T10 and Z3 from four different series. Moreover, he informed of launching the Leago phones costing up to Rs 50,000. "The phones that are manufactured viewing the escalating development of new generation and technology will be available outside valley by November 27," Bansal added. Bansal claimed that the Leago smart phones are easy, durable, reliable and economical as well. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4647', 'image' => '20161127042548_leago.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4816', 'article_category_id' => '1', 'title' => 'Sipradi's Workshop at Bagdol', 'sub_title' => '', 'summary' => 'November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.', 'content' => '<p style="text-align: justify;">November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.</p> <p style="text-align: justify;">On the same occasion, the company organised plantation program considering the environmental importance. Rajan Babu Shrestha, CEO of Sipradi Trading, Ganesh Shetty, International Business Head Of Tata Motors Customer Service and Ansuman Samatha, SAARC- Regional Manager of Tata Motors Customer Service were presented during the inauguration and plantation program. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4646', 'image' => '20161127040003_tata.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4815', 'article_category_id' => '1', 'title' => 'NRB Approves Dividend of Om Devt Bank', 'sub_title' => '', 'summary' => 'November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1', 'content' => '<p style="text-align: justify;">November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1.36 billion after distribution of bonus share.</p> <p style="text-align: justify;">Meanwhile, the bank is preparing to merge with Manaslu Bikash Bank for which it has asked for approval from NRB. "After the merger, the paid-up capital of the bank will reach Rs 1.67 billion. Furthermore, the bank will increase its paid-up capital within the current FY through the issuance of right shares and bonus share," said Vishwo Mohan Adhikari, CEO of the bank. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4645', 'image' => '20161127122501_om.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4814', 'article_category_id' => '1', 'title' => 'Soaltee Celebrates Golden Jubilee', 'sub_title' => '', 'summary' => 'November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new v', 'content' => '<p>November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new ventures of Soaltee Hotel outside Kathmandu. "We are building new hotels in Nepalgunj followed by Pokhara soon," said Rana. Chief Guests for the programme Amar Man Shakya, President of Hotel Association of Nepal (HAN), Suman Pandey, President of Pacific Asia Travel Association (PATA), Chandra Prashad Rijal, President of Trekking Agency Association of Nepal (TAAN), DK Sharma, Vice-President of Nepal Association of Tours and Travel Agents (NATTA), President of NATTA unveiled the memento for the 50th Anniversary during the celebration event. Shantha De Silva, Head of South West Asia at Intercontinental Hotel Group shared an insightful presentation on trends in 2016 based on IHG study and reports. The celebration observed guests participating from government authorities, foreign diplomatic missions in Nepal, corporate customers, travel partners, members from tourism related associations. Similarly, representatives from Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Nepal India Chamber of Commerce and Industry (NICCI), Confederation of Nepalese Industries (CNI), Nepal China Chamber of Commerce and Industry (NCCCI) were also present in the event.</p> <p> </p> <p>Late Prince Himalaya Shah Dev and Late Princess Rajya Laxmi Devi Shah started Soaltee Hotel in 1965 as the first five star hotel in the country. The hotel was inaugurated by Late KIng Mahendra Shah on 25 November, 1966.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4644', 'image' => '20161127115805_soaltee.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4813', 'article_category_id' => '1', 'title' => 'Kamana and Sewa Bikash Bank to Merge', 'sub_title' => '', 'summary' => 'November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.', 'content' => '<p style="text-align: justify;">November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.</p> <p style="text-align: justify;">The institutions inform of starting integrated transaction within the coming mid-March. After the merger, the merged entity will be renamed as Kamana Sewa Bikash Bank. Kamana is a national level development bank whereas Sewa has working area of 10 districts. "The paid-up capital of merged entity will reach Rs 1.08 billion after the merger," said Toyaraj Adhikari, Chief Executive Officer (CEO) of Kamana Bikash Bank. Similarly, deposit collection and investment will reach Rs 11.55 billion and Rs 10.84 billion respectively.</p> <p style="text-align: justify;">Earlier, Kamana had issued 30 per cent and Sewa had issued 120 per cent right shares. "After the issuance of right shares, the paid-up capital of the bank will reach Rs 2.06 billion," said Mahesh Prasad Kafle, CEO of Sewa. As per the NRB directive, a development bank must have minimum of Rs 2.5 billion paid-up capital by the end of next FY. "We will be successful to achieve the minimum paid-up capital through the right share issuance and profit of the current FY," Kafle added.</p> <p style="text-align: justify;">Following the merger, the merged entity will have Rajendra Nidhi Koirala of Kamana as Chairman, Mahesh Prasad kafle of Sewa as CEO and Yoyaraj Adhikari of Kamana as Deputy CEO. The bank will have central office at Kathmandu. Similarly, the bank will have 40 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4643', 'image' => '20161127113635_ks.JPG', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4812', 'article_category_id' => '1', 'title' => 'Kriti Capital Inaugurated New Corporate Office ', 'sub_title' => '', 'summary' => 'November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. ', 'content' => '<p style="text-align: justify;">November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. </p> <p style="text-align: justify;"><br /> According to the statement, Dr Karki highlighted the need of merchant bankers to enhance the service provided to the clients during the ceremony. "This entails expanding the capacity of the merchant bankers in terms of strengthening internal human resources/technical resources and reaches the clients with better service," he said. </p> <p style="text-align: justify;"><br /> Deepesh Vaidya, Managing Director of Kriti Capital, highlighted the services provided by the company and its achievements over the last 5 years. In the program, Vaidya requested SEBON to provide required regulatory support to ease current operational challenges and provide scope for service expansion thereby allowing merchant bankers perform to their fullest potentials. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4642', 'image' => '20161125052133_Kriti Inauguration Pic1.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4811', 'article_category_id' => '1', 'title' => 'Sipradi Global Service Camp concludes', 'sub_title' => '', 'summary' => 'November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.', 'content' => '<p style="text-align: justify;">November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.</p> <p style="text-align: justify;">The company also organised a health camp along with the service camp where 715 individuals got free eye check-up and 1,108 got health check-up. Moreover, the company informed of providing secure driving training to 542 individuals and HIV AIDS awareness training to 245 individuals under the camp.</p> <p style="text-align: justify;">On the occasion, Engineer Sandeep Gurung, winner of 'SAARC Level Skill Fest Championship 2016' organised by Tata Motors was honoured with a cheque of Rs 50,000, a trophy and a certificate. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4641', 'image' => '20161125014243_sipradi.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4810', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Launches MO- Bank', 'sub_title' => '', 'summary' => 'November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. ', 'content' => '<p style="text-align: justify;">November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. </p> <p style="text-align: justify;"><br /> According to the statement, the MO Bank is an upgraded smarter version mobile application which works with WiFi/GPRS or in case of non-availability of both, works with SMS as well. It enables customers to integrate maps to locate nearest NIC ASIA Branches and ATM terminals. The app also allows the customers for interbank payment through Fonepay network (within Fonepay member Bank). The customers can also perform regular features including funds transfer, utility payments, cheque book request, mini statements and credit card bill payments. </p> <p style="text-align: justify;"><br /> "There are separate security feature for each type of access during any transaction and is facilitated through dual authentication," reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4640', 'image' => '20161125012405_nic.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4808', 'article_category_id' => '1', 'title' => 'Lava's Exclusive Showroom at Newroad', 'sub_title' => '', 'summary' => 'November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly ina', 'content' => '<p style="text-align: justify;">November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly inaugurated the showroom amid a program on Thursday, November 24.</p> <p style="text-align: justify;">According to the company, Lava mobile is sold at various countries of South East Asia, South Asia, Middle East and South America. The company has launched 10 models of Lava mobiles having best features in affordable prices. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4638', 'image' => '20161125115628_lava.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4823', 'article_category_id' => '1', 'title' => 'Oppo Slashes Price of A37', 'sub_title' => '', 'summary' => 'November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4819', 'article_category_id' => '1', 'title' => 'SCB Organises Nepal Walkathon 2016', 'sub_title' => '', 'summary' => 'November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly', 'content' => '<p style="text-align: justify;">November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly 400 people, started from the bank’s head office at Naya Baneshwor and ended at the branch office in Lazimpat.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that the walkathon is its initiative to raise funds in partnership with its stakeholders to increase awareness amongst the public on the subject of avoidable blindness and an effort to reduce stigma and encourage the visually challenged people. The funds raised from the event will go towards the Bank’s ‘Seeing is Believing’ initiative through which eye and eye care services are being continued.</p> <p style="text-align: justify;">According to the statement, under the bank’s Seeing is Believing program, financial support of USD 1 Million was received by Biratnagar Eye Hosptial for project expansion. Similarly, the bank extended additional financial support of USD 1 million to Tilganga Institute of Ophthalmology for funding their major expansion project covering Bhaktapur and Nuwakot districts under the same program. </p> <p style="text-align: justify;">Tara Management was the main Sponsor whereas National Insurance and Viswakarma Cement were the Sponsors of Walkathon 2016 event.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4649', 'image' => '20161128102337_standard.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4818', 'article_category_id' => '1', 'title' => 'Colors Mobile Launches P85 Plus and P85', 'sub_title' => '', 'summary' => 'November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.', 'content' => '<p>November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.</p> <p>Colors P85 plus comes with 13 megapixels main camera, selfie flash, 5 plastic lens, face beauty mode, and instant focus which will enable to capture beautiful photo in less light, informs the company.</p> <p>Similarly, P85 comes with figure print censor for the first time which will lock the screen in three seconds securing the smart phone. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4648', 'image' => '20161127045024_jatra.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4817', 'article_category_id' => '1', 'title' => 'Leago Launches 11 Smartphone Models in Nepali Market', 'sub_title' => '', 'summary' => 'November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.', 'content' => '<p style="text-align: justify;">November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.</p> <p style="text-align: justify;">In the program, Bansal informed of launching 11 phone models including Z1,Z5,Z5 Lite (4G), Shark 1 Lite, M5, M8, M5 Plus, T1, T2 Plus, T10 and Z3 from four different series. Moreover, he informed of launching the Leago phones costing up to Rs 50,000. "The phones that are manufactured viewing the escalating development of new generation and technology will be available outside valley by November 27," Bansal added. Bansal claimed that the Leago smart phones are easy, durable, reliable and economical as well. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4647', 'image' => '20161127042548_leago.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4816', 'article_category_id' => '1', 'title' => 'Sipradi's Workshop at Bagdol', 'sub_title' => '', 'summary' => 'November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.', 'content' => '<p style="text-align: justify;">November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.</p> <p style="text-align: justify;">On the same occasion, the company organised plantation program considering the environmental importance. Rajan Babu Shrestha, CEO of Sipradi Trading, Ganesh Shetty, International Business Head Of Tata Motors Customer Service and Ansuman Samatha, SAARC- Regional Manager of Tata Motors Customer Service were presented during the inauguration and plantation program. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4646', 'image' => '20161127040003_tata.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4815', 'article_category_id' => '1', 'title' => 'NRB Approves Dividend of Om Devt Bank', 'sub_title' => '', 'summary' => 'November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1', 'content' => '<p style="text-align: justify;">November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1.36 billion after distribution of bonus share.</p> <p style="text-align: justify;">Meanwhile, the bank is preparing to merge with Manaslu Bikash Bank for which it has asked for approval from NRB. "After the merger, the paid-up capital of the bank will reach Rs 1.67 billion. Furthermore, the bank will increase its paid-up capital within the current FY through the issuance of right shares and bonus share," said Vishwo Mohan Adhikari, CEO of the bank. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4645', 'image' => '20161127122501_om.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4814', 'article_category_id' => '1', 'title' => 'Soaltee Celebrates Golden Jubilee', 'sub_title' => '', 'summary' => 'November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new v', 'content' => '<p>November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new ventures of Soaltee Hotel outside Kathmandu. "We are building new hotels in Nepalgunj followed by Pokhara soon," said Rana. Chief Guests for the programme Amar Man Shakya, President of Hotel Association of Nepal (HAN), Suman Pandey, President of Pacific Asia Travel Association (PATA), Chandra Prashad Rijal, President of Trekking Agency Association of Nepal (TAAN), DK Sharma, Vice-President of Nepal Association of Tours and Travel Agents (NATTA), President of NATTA unveiled the memento for the 50th Anniversary during the celebration event. Shantha De Silva, Head of South West Asia at Intercontinental Hotel Group shared an insightful presentation on trends in 2016 based on IHG study and reports. The celebration observed guests participating from government authorities, foreign diplomatic missions in Nepal, corporate customers, travel partners, members from tourism related associations. Similarly, representatives from Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Nepal India Chamber of Commerce and Industry (NICCI), Confederation of Nepalese Industries (CNI), Nepal China Chamber of Commerce and Industry (NCCCI) were also present in the event.</p> <p> </p> <p>Late Prince Himalaya Shah Dev and Late Princess Rajya Laxmi Devi Shah started Soaltee Hotel in 1965 as the first five star hotel in the country. The hotel was inaugurated by Late KIng Mahendra Shah on 25 November, 1966.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4644', 'image' => '20161127115805_soaltee.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4813', 'article_category_id' => '1', 'title' => 'Kamana and Sewa Bikash Bank to Merge', 'sub_title' => '', 'summary' => 'November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.', 'content' => '<p style="text-align: justify;">November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.</p> <p style="text-align: justify;">The institutions inform of starting integrated transaction within the coming mid-March. After the merger, the merged entity will be renamed as Kamana Sewa Bikash Bank. Kamana is a national level development bank whereas Sewa has working area of 10 districts. "The paid-up capital of merged entity will reach Rs 1.08 billion after the merger," said Toyaraj Adhikari, Chief Executive Officer (CEO) of Kamana Bikash Bank. Similarly, deposit collection and investment will reach Rs 11.55 billion and Rs 10.84 billion respectively.</p> <p style="text-align: justify;">Earlier, Kamana had issued 30 per cent and Sewa had issued 120 per cent right shares. "After the issuance of right shares, the paid-up capital of the bank will reach Rs 2.06 billion," said Mahesh Prasad Kafle, CEO of Sewa. As per the NRB directive, a development bank must have minimum of Rs 2.5 billion paid-up capital by the end of next FY. "We will be successful to achieve the minimum paid-up capital through the right share issuance and profit of the current FY," Kafle added.</p> <p style="text-align: justify;">Following the merger, the merged entity will have Rajendra Nidhi Koirala of Kamana as Chairman, Mahesh Prasad kafle of Sewa as CEO and Yoyaraj Adhikari of Kamana as Deputy CEO. The bank will have central office at Kathmandu. Similarly, the bank will have 40 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4643', 'image' => '20161127113635_ks.JPG', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4812', 'article_category_id' => '1', 'title' => 'Kriti Capital Inaugurated New Corporate Office ', 'sub_title' => '', 'summary' => 'November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. ', 'content' => '<p style="text-align: justify;">November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. </p> <p style="text-align: justify;"><br /> According to the statement, Dr Karki highlighted the need of merchant bankers to enhance the service provided to the clients during the ceremony. "This entails expanding the capacity of the merchant bankers in terms of strengthening internal human resources/technical resources and reaches the clients with better service," he said. </p> <p style="text-align: justify;"><br /> Deepesh Vaidya, Managing Director of Kriti Capital, highlighted the services provided by the company and its achievements over the last 5 years. In the program, Vaidya requested SEBON to provide required regulatory support to ease current operational challenges and provide scope for service expansion thereby allowing merchant bankers perform to their fullest potentials. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4642', 'image' => '20161125052133_Kriti Inauguration Pic1.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4811', 'article_category_id' => '1', 'title' => 'Sipradi Global Service Camp concludes', 'sub_title' => '', 'summary' => 'November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.', 'content' => '<p style="text-align: justify;">November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.</p> <p style="text-align: justify;">The company also organised a health camp along with the service camp where 715 individuals got free eye check-up and 1,108 got health check-up. Moreover, the company informed of providing secure driving training to 542 individuals and HIV AIDS awareness training to 245 individuals under the camp.</p> <p style="text-align: justify;">On the occasion, Engineer Sandeep Gurung, winner of 'SAARC Level Skill Fest Championship 2016' organised by Tata Motors was honoured with a cheque of Rs 50,000, a trophy and a certificate. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4641', 'image' => '20161125014243_sipradi.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4810', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Launches MO- Bank', 'sub_title' => '', 'summary' => 'November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. ', 'content' => '<p style="text-align: justify;">November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. </p> <p style="text-align: justify;"><br /> According to the statement, the MO Bank is an upgraded smarter version mobile application which works with WiFi/GPRS or in case of non-availability of both, works with SMS as well. It enables customers to integrate maps to locate nearest NIC ASIA Branches and ATM terminals. The app also allows the customers for interbank payment through Fonepay network (within Fonepay member Bank). The customers can also perform regular features including funds transfer, utility payments, cheque book request, mini statements and credit card bill payments. </p> <p style="text-align: justify;"><br /> "There are separate security feature for each type of access during any transaction and is facilitated through dual authentication," reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4640', 'image' => '20161125012405_nic.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4808', 'article_category_id' => '1', 'title' => 'Lava's Exclusive Showroom at Newroad', 'sub_title' => '', 'summary' => 'November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly ina', 'content' => '<p style="text-align: justify;">November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly inaugurated the showroom amid a program on Thursday, November 24.</p> <p style="text-align: justify;">According to the company, Lava mobile is sold at various countries of South East Asia, South Asia, Middle East and South America. The company has launched 10 models of Lava mobiles having best features in affordable prices. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4638', 'image' => '20161125115628_lava.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.', 'content' => '<p style="text-align:justify">November 28: Oppo, a smart phone producer company, has reduced the price of its brand 'A37'. According to the company, customers can now purchase its A37 phone having 5 inches IPS display at Rs 20,490. Earlier, the phone cost Rs 22,690 in the market.</p> <p style="text-align:justify">The phone comes with 5 megapixel front facing camera and 8 mega pixel auto focus rear camera. Moreover, the phone comes with android based OS 3.0 operating system, 2GB RAM, 16GB ROM and 2,630MH battery. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4653', 'image' => '20161128115649_oppo.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4822', 'article_category_id' => '1', 'title' => 'Machhapuchhhre Bank Organises Health Camp', 'sub_title' => '', 'summary' => 'November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.', 'content' => '<p style="text-align: justify;">November 28: Machhapuchhhre Bank has organised a one day health camp in the capital. Issuing a press statement, the bank informed of organising the health camp on Saturday, November 26 under its corporate social responsibility.</p> <p style="text-align: justify;">According to the bank, a total of 200 service seekers get their health check-up in the camp. The health services were provided by six health professionals under the leadership of senior heart specialist Dr Anil Bhattarai. The camp also distributed free medicines to the patients. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4652', 'image' => '20161128114549_machha.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4821', 'article_category_id' => '1', 'title' => 'NEPSE Dips to 6 Months Low', 'sub_title' => '', 'summary' => 'November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index ', 'content' => '<p style="text-align: justify;">November 28: NEPSE index which had once reached its highest point to ....is on a downfall since the last three weeks. On Sunday, the first trading day of this week, NEPSE declined by 3 per cent in just 45 minutes of transaction causing a circuit breaks. Sunday saw the lowest point of NEPSE index in the last six months. Yesterday, NEPSE index breaking its support of 1,483 points declined by 4.21 per cent (64.55 points) to close at 1,469.48 points.</p> <p style="text-align: justify;">If the trading amount also decreases proportionately with the decline in index, then there is a higher possibility of further market downfall. In the country's sole secondary market, number of sellers compare to buyers has exceeded. "Investors' lower confidence has lead to downfall of share market in already declining market," said a share broker.</p> <p style="text-align: justify;">"However, some conscious investors are buying stocks of good companies in a lowering price in this situation. Thus the trading amount has not decreased significantly," added the broker. He added that these conscious investors are waiting the price of the stocks to reach the minimum point so that to purchase them. On Sunday, sub-index of hotel and insurance group declined significantly. "Sub-index of Insurance group declined due to the rumour of NRB not increasing the paid-up capital of the sector as announced earlier," he opined. "The investors are accumulating the funds to invest in IPO, FPO and right shares by selling the stock before it gets too late."</p> <p style="text-align: justify;">On Sunday, sub-indexes of all group declined resulting decline in overall NEPSE index. The trading amount has decreased to Rs 1.92 billion while total market capitalisation has reached Rs 1637 billion.</p> <p style="text-align: justify;">Meanwhile, insurance group decreases by 7.51 per cent. Share price of all insurance companies decline which causes dip in the overall insurance group by 562.94 points. The relative strength index (RSI) of the group is in oversold zone at 5.8 scale which indicates of higher selling pressure.</p> <p style="text-align: justify;">Similarly, sub-index of hotel group has declined by 7.21 per cent. Decrease in the share price of Soaltee hotel and Taragaun Regency caused the group to lose 146 points.</p> <p style="text-align: justify;">Likewise, hydropower index and development bank's sub-indexes decreased by 5.34 per cent and 4.16 per cent. Moreover, banking, finance companies and 'other' group decreased by 3.64 per cent, 3.55 per cent and 2.53 per cent respectively.</p> <p style="text-align: justify;">On Sunday, the relative strength index of NEPSE stand in oversold zone at 5.16 scales. It shows of higher selling pressure in the market. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4651', 'image' => '20161128112904_nepse.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4820', 'article_category_id' => '1', 'title' => 'Syakar Launches New Honda Rotary Tiller-FJ500', 'sub_title' => '', 'summary' => 'November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. ', 'content' => '<p style="text-align: justify;">November 28: Syakar Trading, the sole distributor of Honda products, has introduced New Honda Rotary Tiller –FJ500 in the Nepali market to provide environment friendly high quality products. Issuing a press statement, the company informed that the new Honda Rotary Tiller which is a complete weeding solution for farmers will cost Rs 160,000. </p> <p style="text-align: justify;">According to the statement, Honda Rotary Tiller is fitted with powerful 4 Stroke, 5.5 HP (max) OHV GX160 petrol driven engine with a flexible rotor (Tyne Assembly). Honda Tiller is ISO 9000:2000 and ISO 14001 certified product and has been FMTTI Certified that is available under Subsidy Scheme of Agriculture & Horticulture, reads the statement. </p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4650', 'image' => '20161128104043_honda traactor.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4819', 'article_category_id' => '1', 'title' => 'SCB Organises Nepal Walkathon 2016', 'sub_title' => '', 'summary' => 'November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly', 'content' => '<p style="text-align: justify;">November 28: Standard Chartered Bank Nepal (SCB) has conducted a fund raising event on 26 November, Walkathon 2016 – 'A walk for a brighter tomorrow'. The walkathon was participated by employees, clients & customers, partner organizations event including Maiti Nepal and various other stakeholders. The event which was attended by nearly 400 people, started from the bank’s head office at Naya Baneshwor and ended at the branch office in Lazimpat.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that the walkathon is its initiative to raise funds in partnership with its stakeholders to increase awareness amongst the public on the subject of avoidable blindness and an effort to reduce stigma and encourage the visually challenged people. The funds raised from the event will go towards the Bank’s ‘Seeing is Believing’ initiative through which eye and eye care services are being continued.</p> <p style="text-align: justify;">According to the statement, under the bank’s Seeing is Believing program, financial support of USD 1 Million was received by Biratnagar Eye Hosptial for project expansion. Similarly, the bank extended additional financial support of USD 1 million to Tilganga Institute of Ophthalmology for funding their major expansion project covering Bhaktapur and Nuwakot districts under the same program. </p> <p style="text-align: justify;">Tara Management was the main Sponsor whereas National Insurance and Viswakarma Cement were the Sponsors of Walkathon 2016 event.</p> ', 'published' => true, 'created' => '2016-11-28', 'modified' => '2016-11-28', 'keywords' => '', 'description' => '', 'sortorder' => '4649', 'image' => '20161128102337_standard.jpg', 'article_date' => '2016-11-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4818', 'article_category_id' => '1', 'title' => 'Colors Mobile Launches P85 Plus and P85', 'sub_title' => '', 'summary' => 'November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.', 'content' => '<p>November 27: Colors mobile has launched pride P85 plus and P85 in the nepali market. The company launched the phones organising a program on November 26. The company claimed that the newly launched phone is strong, attractive and durable.</p> <p>Colors P85 plus comes with 13 megapixels main camera, selfie flash, 5 plastic lens, face beauty mode, and instant focus which will enable to capture beautiful photo in less light, informs the company.</p> <p>Similarly, P85 comes with figure print censor for the first time which will lock the screen in three seconds securing the smart phone. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4648', 'image' => '20161127045024_jatra.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4817', 'article_category_id' => '1', 'title' => 'Leago Launches 11 Smartphone Models in Nepali Market', 'sub_title' => '', 'summary' => 'November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.', 'content' => '<p style="text-align: justify;">November 27: Leago, a Chinese smart phone brand, has launched its phones in the Nepali market. Mohan Bansal, Managing Director of JSS Group, the authorised distributor of Leago for Nepal launched the phones amid a program on November 25.</p> <p style="text-align: justify;">In the program, Bansal informed of launching 11 phone models including Z1,Z5,Z5 Lite (4G), Shark 1 Lite, M5, M8, M5 Plus, T1, T2 Plus, T10 and Z3 from four different series. Moreover, he informed of launching the Leago phones costing up to Rs 50,000. "The phones that are manufactured viewing the escalating development of new generation and technology will be available outside valley by November 27," Bansal added. Bansal claimed that the Leago smart phones are easy, durable, reliable and economical as well. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4647', 'image' => '20161127042548_leago.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4816', 'article_category_id' => '1', 'title' => 'Sipradi's Workshop at Bagdol', 'sub_title' => '', 'summary' => 'November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.', 'content' => '<p style="text-align: justify;">November 27: Sipradi Trading, the authorised distributor of Tata for Nepal has launched its 24th workshop at Bagdol, Lalitpur on November 24.</p> <p style="text-align: justify;">On the same occasion, the company organised plantation program considering the environmental importance. Rajan Babu Shrestha, CEO of Sipradi Trading, Ganesh Shetty, International Business Head Of Tata Motors Customer Service and Ansuman Samatha, SAARC- Regional Manager of Tata Motors Customer Service were presented during the inauguration and plantation program. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4646', 'image' => '20161127040003_tata.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4815', 'article_category_id' => '1', 'title' => 'NRB Approves Dividend of Om Devt Bank', 'sub_title' => '', 'summary' => 'November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1', 'content' => '<p style="text-align: justify;">November 27: NRB has approved 29.20 per cent bonus share proposal submitted by Om Development Bank for distribution. The bank is headquartered at Pokhara. Issuing a press statement, the bank informed that it will distribute the bonus share after the final approval from its upcoming annual general meeting. The paid-up capital of the bank will reach Rs 1.36 billion after distribution of bonus share.</p> <p style="text-align: justify;">Meanwhile, the bank is preparing to merge with Manaslu Bikash Bank for which it has asked for approval from NRB. "After the merger, the paid-up capital of the bank will reach Rs 1.67 billion. Furthermore, the bank will increase its paid-up capital within the current FY through the issuance of right shares and bonus share," said Vishwo Mohan Adhikari, CEO of the bank. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4645', 'image' => '20161127122501_om.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4814', 'article_category_id' => '1', 'title' => 'Soaltee Celebrates Golden Jubilee', 'sub_title' => '', 'summary' => 'November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new v', 'content' => '<p>November 27: Soaltee Crowne Plaza celebrated its 50th Golden Jubilee on November 25. Upaul Majumdar, General Manager of Soaltee Hotel opened the programme and Prabhakar SJB Rana, Chairman Emeritus of the hotel gave a welcome speech. He announced two new ventures of Soaltee Hotel outside Kathmandu. "We are building new hotels in Nepalgunj followed by Pokhara soon," said Rana. Chief Guests for the programme Amar Man Shakya, President of Hotel Association of Nepal (HAN), Suman Pandey, President of Pacific Asia Travel Association (PATA), Chandra Prashad Rijal, President of Trekking Agency Association of Nepal (TAAN), DK Sharma, Vice-President of Nepal Association of Tours and Travel Agents (NATTA), President of NATTA unveiled the memento for the 50th Anniversary during the celebration event. Shantha De Silva, Head of South West Asia at Intercontinental Hotel Group shared an insightful presentation on trends in 2016 based on IHG study and reports. The celebration observed guests participating from government authorities, foreign diplomatic missions in Nepal, corporate customers, travel partners, members from tourism related associations. Similarly, representatives from Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Nepal India Chamber of Commerce and Industry (NICCI), Confederation of Nepalese Industries (CNI), Nepal China Chamber of Commerce and Industry (NCCCI) were also present in the event.</p> <p> </p> <p>Late Prince Himalaya Shah Dev and Late Princess Rajya Laxmi Devi Shah started Soaltee Hotel in 1965 as the first five star hotel in the country. The hotel was inaugurated by Late KIng Mahendra Shah on 25 November, 1966.</p> <p> </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4644', 'image' => '20161127115805_soaltee.jpg', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4813', 'article_category_id' => '1', 'title' => 'Kamana and Sewa Bikash Bank to Merge', 'sub_title' => '', 'summary' => 'November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.', 'content' => '<p style="text-align: justify;">November 27: Kamana Bikash Bank, headquartered at Pokhara and Sewa Bikash Bank, headquartered at Butwal are merging with each other. On this regard, Rajendra Nidhi Koirala, Chairman of Kamana and Bhim Prasad Tulachan, Chairman of Sewa signed a memorandum of association (MoU) on Friday, November 25.</p> <p style="text-align: justify;">The institutions inform of starting integrated transaction within the coming mid-March. After the merger, the merged entity will be renamed as Kamana Sewa Bikash Bank. Kamana is a national level development bank whereas Sewa has working area of 10 districts. "The paid-up capital of merged entity will reach Rs 1.08 billion after the merger," said Toyaraj Adhikari, Chief Executive Officer (CEO) of Kamana Bikash Bank. Similarly, deposit collection and investment will reach Rs 11.55 billion and Rs 10.84 billion respectively.</p> <p style="text-align: justify;">Earlier, Kamana had issued 30 per cent and Sewa had issued 120 per cent right shares. "After the issuance of right shares, the paid-up capital of the bank will reach Rs 2.06 billion," said Mahesh Prasad Kafle, CEO of Sewa. As per the NRB directive, a development bank must have minimum of Rs 2.5 billion paid-up capital by the end of next FY. "We will be successful to achieve the minimum paid-up capital through the right share issuance and profit of the current FY," Kafle added.</p> <p style="text-align: justify;">Following the merger, the merged entity will have Rajendra Nidhi Koirala of Kamana as Chairman, Mahesh Prasad kafle of Sewa as CEO and Yoyaraj Adhikari of Kamana as Deputy CEO. The bank will have central office at Kathmandu. Similarly, the bank will have 40 branches and 12 ATMs. </p> ', 'published' => true, 'created' => '2016-11-27', 'modified' => '2016-11-27', 'keywords' => '', 'description' => '', 'sortorder' => '4643', 'image' => '20161127113635_ks.JPG', 'article_date' => '2016-11-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4812', 'article_category_id' => '1', 'title' => 'Kriti Capital Inaugurated New Corporate Office ', 'sub_title' => '', 'summary' => 'November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. ', 'content' => '<p style="text-align: justify;">November 25: Kriti Capital & Investments, a merchant banker, inaugurated a new corporate office at JDA Complex, Sundhara amid a program on November 25. Issuing a press statement, the company informed that Dr Rewat Bahadur Karki, Chairman of SEBON and the chief guest of the program inaugurated the new office. Earlier the office was at Soaltee Mode, Kathmandu. </p> <p style="text-align: justify;"><br /> According to the statement, Dr Karki highlighted the need of merchant bankers to enhance the service provided to the clients during the ceremony. "This entails expanding the capacity of the merchant bankers in terms of strengthening internal human resources/technical resources and reaches the clients with better service," he said. </p> <p style="text-align: justify;"><br /> Deepesh Vaidya, Managing Director of Kriti Capital, highlighted the services provided by the company and its achievements over the last 5 years. In the program, Vaidya requested SEBON to provide required regulatory support to ease current operational challenges and provide scope for service expansion thereby allowing merchant bankers perform to their fullest potentials. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4642', 'image' => '20161125052133_Kriti Inauguration Pic1.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4811', 'article_category_id' => '1', 'title' => 'Sipradi Global Service Camp concludes', 'sub_title' => '', 'summary' => 'November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.', 'content' => '<p style="text-align: justify;">November 25: The Global Service Camp organised by Sipradi Trading in its 24 service centres all across the country has concluded. As per the company, more than 3000 Tata vehicles got inspected in the camp. Those Tata vehicles were provided free servicing, battery and electric check-up.</p> <p style="text-align: justify;">The company also organised a health camp along with the service camp where 715 individuals got free eye check-up and 1,108 got health check-up. Moreover, the company informed of providing secure driving training to 542 individuals and HIV AIDS awareness training to 245 individuals under the camp.</p> <p style="text-align: justify;">On the occasion, Engineer Sandeep Gurung, winner of 'SAARC Level Skill Fest Championship 2016' organised by Tata Motors was honoured with a cheque of Rs 50,000, a trophy and a certificate. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4641', 'image' => '20161125014243_sipradi.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4810', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Launches MO- Bank', 'sub_title' => '', 'summary' => 'November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. ', 'content' => '<p style="text-align: justify;">November 25: NIC ASIA Bank has launched a new product 'MO- Bank' on November 24 in a bid to provide banking services and information jointly in a single platform to the customers via mobile phone. Issuing a press statement, the bank informed that it is a unified digital banking solution that empowers customers with the services of mobile banking, internet banking and digital payments. </p> <p style="text-align: justify;"><br /> According to the statement, the MO Bank is an upgraded smarter version mobile application which works with WiFi/GPRS or in case of non-availability of both, works with SMS as well. It enables customers to integrate maps to locate nearest NIC ASIA Branches and ATM terminals. The app also allows the customers for interbank payment through Fonepay network (within Fonepay member Bank). The customers can also perform regular features including funds transfer, utility payments, cheque book request, mini statements and credit card bill payments. </p> <p style="text-align: justify;"><br /> "There are separate security feature for each type of access during any transaction and is facilitated through dual authentication," reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4640', 'image' => '20161125012405_nic.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4808', 'article_category_id' => '1', 'title' => 'Lava's Exclusive Showroom at Newroad', 'sub_title' => '', 'summary' => 'November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly ina', 'content' => '<p style="text-align: justify;">November 25: Lava, a Chinese mobile company, has launched an exclusive mobile showroom with touch and feel feature at Newroad. David Yong, Overseas Business Manager of Lava International Hong Kong and Hari Neupane, Managing Director of Ambe Group, the authorised distributor of Lava mobile for Nepal jointly inaugurated the showroom amid a program on Thursday, November 24.</p> <p style="text-align: justify;">According to the company, Lava mobile is sold at various countries of South East Asia, South Asia, Middle East and South America. The company has launched 10 models of Lava mobiles having best features in affordable prices. </p> ', 'published' => true, 'created' => '2016-11-25', 'modified' => '2016-11-25', 'keywords' => '', 'description' => '', 'sortorder' => '4638', 'image' => '20161125115628_lava.jpg', 'article_date' => '2016-11-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
